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Honda recognizes that financing is becoming a problem

How do you think we are doing?
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fwiw2
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Honda recognizes that financing is becoming a problem

Post by fwiw2 » Tue Jan 20, 2015 4:52 pm

Americans seem to feel entitled to owning everything that suits their fancy and why not, when they can get it financed at 1% for 7 years

http://www.bloomberg.com/news/2015-01-2 ... cmpid=yhoo

but Honda sees that there may be a down side to that. It's a shame that banking regulations allow outrageously long finance terms.

What would Americans be buying if 20% down and 2 year terms were the rule?

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fwiw2
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Post by fwiw2 » Mon Jan 02, 2017 9:49 pm

Maybe the banks are catching on.................

http://finance.yahoo.com/news/chevy-0-f ... 45732.html

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